The following financial statements for Blackstone plc are a slightly simplified set of published accounts. Blackstone plc is an engineering business that developed a new range of products in 2005; these products now account for 60 per cent of its turnover.

Notes 1 The expense and the cash outflow for interest payable are equal.
2 The movements in property, plant and equipment during the year are set out below.
3 Intangible assets represent the amounts paid for the goodwill of another engineering business acquired during the year.

Required:
Prepare a cash flow statement for Blackstone plc for the year ended 31 March 2007.

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Revenue Cost of sales Gross profit Income statement for the years ended 31 March Operating expenses Operating profit 2006 2007 Notes m m 7,003 11,205 (3,748) (5,809) 3,255 5,396 (2,205) (3,087) 1,050 2,309 1 (216) (456) 834 1,853 (210) (390) 624 1,463 Interest payable Profit before taxation Taxation Profit for the year Balance sheets as at 31 March